02 8003 5251 – Scam Alert: Loan Fraud

• Scam

The phone number 02 8003 5251 has been reported as a scam related to loan fraud. If you receive a call from this number, it’s best to avoid engaging with them. Read on for more information about this fraudulent operation and how to protect yourself.

Understanding the Scam Behind 02 8003 5251

The phone number 02 8003 5251 / 0280035251 is associated with a fraudulent operation that has left several individuals feeling deceived and financially burdened. Based on various user reports, this number is involved in activities commonly referred to as loan scams.

What Is Happening?

Many reports describe how callers from this number claim to offer the "best financial services in Australia," enticing individuals with promises of loans that come with minimal requirements or fees. Unfortunately, once a fee is paid, the promised loan does not materialise, and communication with these scammers becomes non-existent.

Why This Is Classified as a Scam

• Collected Fees with No Service: Users have reported being asked to pay an 'insurance fee' upfront for a loan that was never disbursed.
• Unreachable Contacts: After the initial contact and payment, the phone number becomes unreachable, indicating a deliberate intention to defraud.
• Lack of Authenticity: Genuine financial services will never request a fee upfront without clearly providing the service in return.

How to Protect Yourself

If you receive a call from 02 8003 5251 / 0280035251 or any unfamiliar number making enticing loan offers, follow these guidelines:

• Don't Engage: It is best to avoid communicating with the caller.
• Verify the Source: Conduct a Reverse Phone Lookup Australia to confirm the identity of the number.
• Report the Number: Inform authorities or relevant consumer affairs agencies if you suspect fraud.

Remember, if it's too good to be true, it probably is. The risks of engaging with numbers like 02 8003 5251 / 0280035251 far outweigh any potential benefits, so always stay vigilant and informed.